The World This Hour - The World This Hour for 2025/01/16 at 05:00 EST

Episode Date: January 16, 2025

The World This Hour for 2025/01/16 at 05:00 EST

Bankman Freed's entire house of cards started to crumble as crypto asset prices plummeted in May. This morning we unsealed an eight count indictment charging Samuel Bankman Freed. I'm Jacob Silverman, host of the new podcast, The Naked Emperor. I'm going to explain how Sam Bankman Freed built and destroyed a multi-billion dollar crypto empire. Available now on CBC Listen and everywhere you get your podcasts. From CBC News, the world this hour. I'm Neil Herland. There could be a hiccup in the ceasefire deal between Israel and the Palestinian militant

group Hamas. This morning Israeli Prime Minister Benjamin Netanyahu is accusing Hamas of reneging on parts of the agreement in a move to gain further concessions. Netanyahu's office says his cabinet won't meet to approve the agreement until Hamas backs down. More than a hundred pro-Palestinian supporters gathered in Vancouver last night as As Janella Hamilton reports, many are expressing cautious optimism over the plan to pause the fighting. Palestine will be free! Eve Walensky hopes a potential ceasefire deal means the end of suffering and violence in Gaza.

People are shattered, people are devastated, and there's also hope that there can be change. The ceasefire is supposed to begin Sunday but Walensky says she remains cautiously optimistic. It's hard not to be cynical. There have been other declarations of ceasefire. For Nasser Najjar, the deal brings some relief but also anxiety over what may happen to his family who live in the Gaza Strip and whether the ceasefire would hold. I cried out of joy. I was angry that this has taken place months and months ago despite it was possible. The deal outlines the gradual withdrawal of Israeli troops from the Gaza Strip and the

release of hostages taken by Hamas in exchange for Palestinian prisoners. Janella Hamilton, CBC News, Vancouver. Well it's sentencing day for Pat King, one of the key organizers of the 2022 Freedom Convoy that brought downtown Ottawa to a standstill. This morning he will find out if he's going to prison. David Fraser reports. Thousands of protesters and hundreds of vehicles converged in Ottawa in early 2022 bringing the city to a standstill. Nearly three years later a key player in the convoy protests is expecting his sentence. Pat King was found guilty of

five charges including mischief and disobeying a court order. The Crown is pushing for the maximum sentence of 10 years. The judge ruled King's leadership in the protests was criminal. Justice Charles Hacklin noted King didn't make violent threats or call for property damage but his actions disrupted the city and left a lasting impact. After his conviction, King's lawyer Natasha Calvino said her client had already spent enough time behind bars. The 2022 protests ended after the federal government invoked the Emergencies Act for

the first time. Last January, the federal court ruled the use of the measure was unconstitutional. The government is appealing that decision. David Fraser, CBC News, Ottawa. My fellow Americans, I'm speaking to you tonight from the Oval Office. U.S. President Joe Biden delivered his farewell address to Americans last night. He warned about an oligarchy of ultra-wealthy people gaining power in his nation. And he took aim at the next president, Donald Trump, without naming him.

We need to amend the constitution to make clear that no president, no president is immune from crimes that he or she commits while in office. But despite that shot at Trump, Biden also stressed his commitment to a transition of power. And I wish the incoming administration success, because I want America to succeed. That's why I've held my duty to ensure a peaceful and orderly transition of power, to ensure we lead by the power of our example. Biden leaves the White House on Monday, the day Donald Trump is sworn in again as president of the United States. The outgoing U.S. Treasury Secretary Janet Yellen appeared on the Late Show with Stephen Colbert last night

and she questioned the idea of Donald Trump imposing new tariffs on Canada. We do like Canadians and... Well, if you like somebody, why wouldn't you want them to be Americans? What could be better than being an American, madam? Well, we're friends and they're neighbors across the border and we have a long-standing positive relationship. And that is your World This Hour. across the border and we have a long-standing positive relationship. And that is your World This Hour. For CBC News, I'm Neal Herland.